BELGRADE (Reuters) -The International Monetary Fund and Serbia have reached a staff-level agreement on the second review under a 36-month arrangement to help support economic reforms in the Balkan country, the IMF said on Thursday.

The so-called Policy Coordination Instrument was signed in October 2024 to make it easier for Serbia to secure lending from other sources.

Under the arrangement, Serbian authorities are committed to a fiscal deficit limit of 3% of gross domestic product over three years.

The review will be subject to approval by the IMF Executive Board, the fund said in a statement, which was issued after an eight-day trip to Serbia.

Serbia has seen months of anti-government rallies after 16 deaths from a railway station roof collapse last year triggered accusations of wides

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